Farther Finance Advisors LLC Invests $2.09 Million in Ondas Holdings Inc. $ONDS

Farther Finance Advisors LLC bought a new position in shares of Ondas Holdings Inc. (NASDAQ:ONDS) in the third quarter, Holdings Channel reports. The institutional investor bought 270,145 shares of the company’s stock, valued at approximately $2,086,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. HBK Sorce Advisory LLC acquired a new position in Ondas in the third quarter valued at about $88,000. SBI Securities Co. Ltd. increased its holdings in shares of Ondas by 154.9% during the second quarter. SBI Securities Co. Ltd. now owns 16,299 shares of the company’s stock worth $31,000 after buying an additional 9,904 shares in the last quarter. Penbrook Management LLC bought a new position in shares of Ondas in the second quarter valued at approximately $35,000. Exencial Wealth Advisors LLC acquired a new position in shares of Ondas in the 2nd quarter worth approximately $36,000. Finally, Trivium Point Advisory LLC bought a new stake in Ondas during the 2nd quarter worth approximately $38,000. 37.73% of the stock is owned by institutional investors.

Ondas Stock Down 7.1%

Shares of ONDS opened at $8.48 on Friday. The stock’s fifty day simple moving average is $7.57 and its 200-day simple moving average is $5.57. The firm has a market capitalization of $3.17 billion, a PE ratio of -21.20 and a beta of 2.42. Ondas Holdings Inc. has a 12-month low of $0.57 and a 12-month high of $11.70.

Ondas (NASDAQ:ONDS) last announced its quarterly earnings data on Thursday, November 13th. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.01). The firm had revenue of $10.10 million during the quarter, compared to analyst estimates of $7.04 million. Ondas had a negative return on equity of 35.16% and a negative net margin of 192.60%. Analysts anticipate that Ondas Holdings Inc. will post -0.53 EPS for the current year.

Insider Activity at Ondas

In other Ondas news, Director Randy Seidl sold 21,520 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $9.48, for a total value of $204,009.60. Following the transaction, the director directly owned 212,470 shares of the company’s stock, valued at approximately $2,014,215.60. This trade represents a 9.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Neil J. Laird sold 4,526 shares of Ondas stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $9.48, for a total transaction of $42,906.48. Following the sale, the chief financial officer directly owned 8,224 shares of the company’s stock, valued at $77,963.52. This represents a 35.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 931,605 shares of company stock worth $7,497,115 over the last 90 days. Insiders own 1.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on ONDS shares. Stifel Nicolaus set a $13.00 price target on Ondas and gave the company a “buy” rating in a report on Monday, December 15th. Oppenheimer raised Ondas from a “market perform” rating to an “outperform” rating and set a $12.00 price objective on the stock in a research note on Friday, November 14th. Needham & Company LLC raised their target price on Ondas from $10.00 to $12.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. LADENBURG THALM/SH SH raised Ondas to a “strong-buy” rating in a report on Thursday, December 18th. Finally, Zacks Research lowered shares of Ondas from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $10.43.

Ondas Profile

Ondas Holdings, Inc (NASDAQ: ONDS) develops secure private wireless networking solutions and unmanned aircraft systems tailored to mission-critical industrial applications. Its Ondas Networks division offers the proprietary FullMAX platform, a long-range, high-bandwidth broadband network designed to support real-time data transmission, remote monitoring and IoT deployments across rail, maritime and infrastructure environments. The broadband platform integrates edge-to-cloud architecture to ensure operational resilience and regulatory compliance for transportation and utility operators.

The company’s Ondas Autonomous Systems segment builds heavy-lift cargo drones and uncrewed aircraft platforms for logistics, pipeline and infrastructure inspection, emergency response and other government and commercial use cases.